IT staffers stick to jobs after great resignation

The job market for IT professionals in Bengaluru has shifted from being favorable to employees to becoming more challenging. Employee attrition rates have decreased significantly, reducing the bargaining power of IT professionals. Companies like TCS and Infosys have experienced a decline in attrition rates. The demand for tech had surged during the pandemic, but weakened global macroeconomic conditions and geopolitical events have led to a slump in IT demand.

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